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August 29, 2013

The construction has increased in Spain

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The construction has increased in Spain

The activity of construction companies in Spain increased by 4.1% compared with 2012.

According to the official European statistical office Eurostat, construction activity has increased in the area of the euro by 0.7% in June and 0.8% in the European Union (EU), compared with the previous month. Eurostat also notes that, despite the fact that the sale of real estate in Spain continues to fall, the country is the second country in the European Union to increase the building over the last year.

In May 2013 the construction sector registered the increase in activity of 0.5% in the euro zone and by 0.3% in the countries of the European Union. Improvement of this sector of economy was due to the increase in the construction of buildings and apartments.

Compared with May 2013, the activity of construction companies in Spain remained at the same level. Countries of EU in which there was a marked increase in construction: Slovenia (10.5%), Poland (5.3%), Germany (1.6%) and the Czech Republic (1.3%), while in Romania, Portugal and Sweden there was a small decline.

If you take the inter-annual rates, in this case we can talk about the decline in construction activity, both in the euro ZONE (3%) and in the EU (1.5%) compared to last year.

Despite the general crisis in the property market in Spain, this year there is an increase in the activity of construction companies by 4.1% compared with 2012. This figure exceeded only in Hungary, with an increase of 12.5%.

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